Question: Given that demand for some product can be modelled by D(p) = 2,200 - 20p with a fixed cost of $3,345 and a variable unit

Given that demand for some product can be modelled by D(p) = 2,200 - 20p with a fixed cost of $3,345 and a variable unit cost of $7, what price should be set to maximize profit?

then find what price should be set to maximize revenue

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